4175 Myrtle AveAnnistonAL36206
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Anniston at 4175 Myrtle Ave, Anniston, AL, 36206 uses $66,267 cash to close to unlock $1,501/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $1,253/mo, and a $978/mo payment keeps the spread at $125/mo. Purchase price stands at $199,900, and rental yield measures 7.52% with $1,253/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 114.34% and total cumulative return in cash records $75,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,253/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36206, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,173 (62.4%) |
| Renter Occupied HU | 1,404 (27.6%) |
| Vacant Housing Units | 510 (10.0%) |
| Median Home Value | $136,507 |
| Average Home Value | $194,038 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,603
Multi-Family
218
Businesses
224
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